Kornitzer Capital Management Inc. KS cut its position in shares of CyrusOne Inc (NASDAQ:CONE) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 183,245 shares of the real estate investment trust’s stock after selling 12,650 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in CyrusOne were worth $10,909,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CONE. Perigon Wealth Management LLC lifted its holdings in CyrusOne by 44.8% during the second quarter. Perigon Wealth Management LLC now owns 4,525 shares of the real estate investment trust’s stock valued at $254,000 after purchasing an additional 1,400 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its holdings in CyrusOne by 81.2% during the third quarter. Bronfman E.L. Rothschild L.P. now owns 5,012 shares of the real estate investment trust’s stock valued at $295,000 after purchasing an additional 2,246 shares in the last quarter. Stifel Financial Corp lifted its holdings in CyrusOne by 7.5% during the third quarter. Stifel Financial Corp now owns 52,245 shares of the real estate investment trust’s stock valued at $3,077,000 after purchasing an additional 3,636 shares in the last quarter. Lenox Wealth Management Inc. lifted its holdings in CyrusOne by 514.1% during the second quarter. Lenox Wealth Management Inc. now owns 6,141 shares of the real estate investment trust’s stock valued at $345,000 after purchasing an additional 5,141 shares in the last quarter. Finally, ETRADE Capital Management LLC lifted its holdings in CyrusOne by 291.1% during the third quarter. ETRADE Capital Management LLC now owns 26,334 shares of the real estate investment trust’s stock valued at $1,552,000 after purchasing an additional 19,601 shares in the last quarter. 96.62% of the stock is currently owned by hedge funds and other institutional investors.

CyrusOne Inc (NASDAQ CONE) opened at $56.97 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market cap of $5,198.22, a PE ratio of -58.73, a PEG ratio of 0.91 and a beta of 0.70. CyrusOne Inc has a 52 week low of $46.41 and a 52 week high of $65.73.

Several research firms have issued reports on CONE. BidaskClub raised shares of CyrusOne from a “strong sell” rating to a “sell” rating in a report on Saturday. UBS Group raised shares of CyrusOne from a “neutral” rating to an “overweight” rating in a report on Thursday, November 2nd. Barclays reaffirmed a “buy” rating and set a $69.00 price objective on shares of CyrusOne in a report on Friday, January 19th. Credit Suisse Group set a $73.00 price objective on shares of CyrusOne and gave the company a “buy” rating in a report on Wednesday, January 17th. Finally, Cowen reaffirmed a “buy” rating and set a $78.00 price objective on shares of CyrusOne in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the stock. CyrusOne currently has a consensus rating of “Buy” and a consensus price target of $66.92.

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CyrusOne Company Profile

CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.

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Institutional Ownership by Quarter for CyrusOne (NASDAQ:CONE)

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